The value of President Donald Trump Trump Meme Coin has increased by more than 65% in the last 24 hours after the announcement of a major perk for investors. The brands, which began earlier this year, were a source of conflict for Trump camp.
First, there is the fact that Meme’s coins tend to be quite controversial. Based on folk and pop culture, mimic coins have been criticized even by the greatest encryption lovers to do nothing and have any practical use of use. Although brands such as Doge and Pepe continued to achieve, they are still surrounded by skepticism. In the case of Trump, it was even worse because the current US president is a polarized figure and the brands were released around the time of his inauguration.
The way many saw it was an attempt to take advantage of his audience and make a quick buck. This was even worse after his wife released a similar token around the same time, both saw a huge decrease in value shortly after a while. Many critics have stated since then that Trump is dead, but seemingly a new life.
Contest rules
President Trump announced that the top 220 investors in the discretion will be invited to an exclusive dinner with him at the Trump National Golf Club in Washington, DC, on May 22, 2025.
This is an interesting time to make such a statement, as the market for interesting encryption has been particularly high in recent years. The success of the brands such as Bitcoin and Ether has seen investors hungry to buy in the classroom. Fortunately, there are many roads to do this, including banking and credit cards. As Alexander Reed explains, many investors are considering How to buy bitcoin with credit cardAnd there are many resources to help them with it.
Anyone who wants to attend this exclusive Gala with Trump should make a lot of effort. The advertising material, which President Trump is referred to as Crypto’s president, explains that the winners have to hold the highest average Trump balance between April 23 and 12 May 2025.
From the day of the announcement to the day of the winners selected, the public table will show investors the highest balances, so they know where they are at any time.
And that’s not all. While encryption is known to provide a lot of anonymity to users, those who want to have a private dinner with the President of the United States should reveal their identity. Registration for the competition will require users not only to connect their cryptographic wallets, but also to disclose their full legal name, email and phone number. They will also be subject to a historical check to confirm that they do not come from countries that are under KYC sanctions.
If they win, there are still some rules to comply. For beginners, they cannot bring any plus, and the invitation is not transferable. The top 25 of these 220 investors will have another private reception as well as a private tour of the White House.
During the dinner, President Trump is to give a speech to the participants about the future of encryption and has noted that he will not request donations during this period. It has also been made clear that these brands are not security, which is often a matter of hot button on the asset category.
The importance of that
This competition is very important for both Trump and its supporters, as well as for the wider encryption sector. First, it shows that Trump is, at least to some extent, it is still dedicated to its Trump Token. Many investors had written it completely And he believed it was an abandoned project. Now, it seem to revive. It is also interesting that Trump is proceeding with a competition, as a recent bill seeks to ban public offices from the release of Meme coins.
According to backers of the bill, they are Inappropriate for public office holders to release Meme’s coins, as it could be abuse of their power and a conflict of interests. Trump’s treatment for Meme’s currency could continue to put the scene not only for future US presidents, but for public office holders as a whole.
The statement that encryption in this context is also not considered security, also illuminates Trump’s administration’s attitude on digital assets. Since Trump was re -elected, there was a remarkable feeling in favor of the cryptographer among the regulatory authorities, with lawsuits against encryption companies falling and overall, a feeling of support. Only time will say how consistent the reception will be to this competition and how the Trump currency will affect the long -term currency.